Well said, let the fourth one take a look

Recently, Pi Network has faced intense criticism, with renowned crypto analyst and founder of Cyber Capital, Justin Bons, publicly labeling it a 'scam', pointing out serious flaws in the project's technology, tokenomics, and centralized operational model. This statement not only intensified market skepticism towards Pi Network but also led to its token price falling below $1 for the first time. Meanwhile, Binance did not include Pi Coin in its latest round of voting for new listings, triggering strong dissatisfaction from the Pi community. So, is Pi Network really a scam in the crypto world, or an innovative model not fully understood by the market?